Thursday, May 9, 2024

Mobile prices may dip after import duty cut on parts

Wednesday, January 31, 2024, 22:39
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The Indian government has reduced import duties on key spare parts for mobile phones to boost domestic manufacturing and exports. The cuts, including items like battery covers and camera lenses, aim to make the mobile phone manufacturing ecosystem more competitive. Major companies like Apple, Xiaomi, Vivo, Oppo, and Samsung are expected to benefit from this move.

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